PPP Loan Data — The E Group, LLC, Birmingham, AL
The E Group, LLC is a limited liability company (LLC) located at 31 Inverness Center Pkwy in Birmingham, Alabama that received a Coronavirus-related PPP loan from the SBA of $4,790,573.00 in April, 2020.
$ PPP Loan Information
The E Group, LLC in Birmingham, AL received a Paycheck Protection Loan of $4.79M through SYNOVUS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, The E Group, LLC's total 2019 payroll expenses were approximately $22.99M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $91,979 per employee1.
Business Information - The E Group, LLC in Birmingham, AL
31 Inverness Center Pkwy
Birmingham, AL 35242
Employment Placement Agencies (NAICS code 561311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AL-06
Similar Companies near Birmingham
In the Birmingham area, 5 businesses in the "Employment Placement Agencies" industry received a PPP loan. These local businesses reported an average of 91 employees (compared to this company's 250) and received an average PPP loan of $1,400,097 (compared to this company's $4.79M).
Similar Nearby Businesses Who Received PPP Funding:
Seekingalpha Search International, Inc.
Talon Hiring Solutions LLC
ASI Staff Inc
Savela & Associates Inc.
Industry PPP Comparison Statistics
Nationwide, 7,294 businesses in the "Employment Placement Agencies" industry received a total of $2,648,453,106.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 38 employees, 85% lower than The E Group, LLC's reported 250 employees, and received an average PPP loan of $363,100, 92% lower than this company's loan of $4.79M.
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Footnotes & Information
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